The Actuaries Act, 2006

44. Functions of Board. -

The Board shall perform the following functions, namely:-

a.  to fix standards for the services provided by the members of the Institute;

b.  to review the quality of services provided by the members of the Institute including actuarial audit services; and

c.  to guide the members of the Institute to improve the quality of services and adherence to the various statutory and other regulatory requirements.